DealBook: Another Shadow in Ferguson as Outside Firms Buy and Rent Out Distressed Homes

http://rss.nytimes.com/c/34625/f/640316/s/3e1f5540/sc/36/l/0Ldealbook0Bnytimes0N0C20A140C0A90C0A30Canother0Eshadow0Ein0Eferguson0Eas0Eoutside0Efirms0Ebuy0Eand0Erent0Eout0Edistressed0Ehomes0C0Dpartner0Frss0Gemc0Frss/story01.htm

In Ferguson and other close suburbs of St. Louis, out-of-state investment firms have bought distressed homes to rent them out, a consequence of foreclosures from the financial crisis.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s